6111 Charlotte StHoustonTX77005
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Houston at 6111 Charlotte St, Houston, TX, 77005 earns from $7,196/mo rent with a $7,826/mo payment. Total monthly income totals $7,196/mo. ROI tracks 10.7% on current figures, and rental yield reads 5.4% at a $1,599,000 purchase. Equity gained on principal adds $10,318/yr, and 5% annual appreciation supports $441,774 over five years. Five-year ROI reaches 54.6% and total cumulative return in cash sums $282,889. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,196/mo property income instead of your personal income.
Single Family
Built in 2005
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77005, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,188 (100%) |
| Owner Occupied HU | 6,906 (61.7%) |
| Renter Occupied HU | 3,500 (31.3%) |
| Vacant Housing Units | 782 ( 7.0%) |
| Median Home Value | $1,265,055 |
| Average Home Value | $1,285,274 |
Housing Distribution
Address Breakdown
Residential
10,650
Single Family
7,619
Multi-Family
3,031
Businesses
965
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Listed by: Kasteena Parikh • Martha Turner Sotheby's International Realty
Mls Name: HAR
Mls Provider:
Mls ID: #86608427
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